Make sure you read your investment contract to ensure it’s what you signed up for. Do you know how much you are paying for your investment policy? Could you state exactly how much of your monthly contribution is paid in commission or product fees?...
Changes to the National Credit Act are necessary to deal with reckless lending, but proposed amendments may have unintended consequences. The Department of Trade and Industry recently proposed amendments to the National Credit Act to deal with...
The Consumer Protection Act provides significant protection for consumers; the Act does not, however, remove the obligations of consumers when undertaking an agreement. “A small business hired a hall for an event scheduled for 7pm on a Saturday...
The Consumer Goods Council of South Africa (CGCSA) recently launched the Consumer Goods and Services Ombud (CGSO), ahead of World Consumer Rights day on 15 March. The Consumer Goods Council represents 11 000 companies in the retail, wholesale and...
A new form of crime around stolen SIM cards can cost a customer up to R2 800 an hour, but some cellphone companies don't seem to care. At around 5.30pm one evening Jenny Hibbert’s cellphone was stolen from her handbag at a restaurant. Only noticing...
Modern day philosopher and writer Alain de Botton wrote a provocative article in The Wall Street Journal entitled Why most men aren’t man enough to handle web porn. While this title may seem completely irrelevant to personal finance (apart from the...
